Paris – The CAC 40, France’s benchmark stock market index, experienced a significant surge on April 8th, demonstrating robust investor confidence as it climbed well above a key psychological level.
As of 2:50 PM UTC+2, the index stood firmly at 7,093.44. This marked a substantial gain of +166.32 points, translating to a strong +2.40% increase for the trading day.
The day’s performance saw the CAC 40 decisively break away from its previous closing value of 6,927.12. Intraday trading showed initial volatility, with the index dipping earlier in the session before staging a powerful rally that pushed it comfortably past the 7,000 mark.
This upward momentum reflects positive sentiment driving French equities higher during the afternoon trading session, with the index trading near its peak levels for the day. The significant percentage gain underscores the strength of the buying pressure in the Paris market.